Income of PDS (marketing society)
kailash (article) (161 Points)
20 September 20221 income like interest from co op banks
2 income or commission gained from selling items to poor like wheat rice
3. income from selling empty bags of wheat and rice
kailash (article) (161 Points)
20 September 2022
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160332 Points)
Replied 20 September 2022
1. It is exempt u/s. 80(p) of the act.
Sec. 80P deduction is available only to primary agricultural credit society or primary co-operative agricultural and rural development bank.
2. & 3 Both Taxable provided over & above basic exemption limit...
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